Books-A-Million doubles earnings on lower interest expenses
Birmingham, Ala. Books-A-Million said Thursday its second-quarter earnings more than doubled on lower interest expenses despite lower sales.
The company earned $1.5 million, compared with $645,000 a year ago. Revenue fell slightly to $122.4 million, from $123.3 million a year earlier. Same-store sales fell 4.9% in the quarter.